TechSpecs started out as a website/web application specifically designed to provide technical specification of consumer electronics in a uniform, easy to embed and share way. This includes both manually and machine-learning generated tech specs, depending on the use case.
It was created in such a way as to significantly shorten the unnecessary stages ofelectronics evaluation, trade, and review. It thus captures and solves a major painpoint across a number of use cases of technological consumption.
TechSpecs is based in the Cayman Islands. The company is focused on making more accessible the various technical specification databases.
To make TechSpecs services and SPC tokens truly useful beyond the company’s website and their embed/link functions, the company is working on a number of integrations
At this point, TechSpecs is in various stages of active discussions with individual investors, big brand companies, and technology corporations in Africa, USA, Canada and the EU region.
A short-term integration goal is to implement TechSpecs services on second-hand marketplaces using AI & machine learning to automatically generate tech specs for thousands of SKUs.
The longer-term goal is to take the siloed online ecommerce platforms and bring them together via the SPC token and TechSpecs technical specifications services. For example, a person viewing the TechSpecs-supplied technical specifications of a product would be able to purchase the product with SPC tokens. To that end, TechSpecs is working on creating both a global standard for tech specs and the largest ecosystem of consumer electronics — all purchasable with SPC tokens.
The Initial Coin Offering (ICO) is a chance for early investors to back the TechSpecs project at its most critical stage.
This crowdfunding will raise the starting capital needed to finalize all the necessary paperwork, complete asset acquisition (rental of physical space, equipment, online properties, etc.), expanding of the team for optimal growth, continued development of the core product and token, optimizing UX, marketing, and other typical startup costs.
The ICO’s token sale starts on the 1 st of May 2018 and ends on the 5 th of June 2018.
Token volume will be measured in SPECS Token units or SPC.
The total number of tokens generated is limited and capped at 100,000,000 SPC.
Of those, 70,000,000 SPC will be available for purchase at initial token offer price of $2.00 per SPC, TechSpecs is working on creating both a global standard for tech specs and the largest ecosystem of consumer electronics — all purchasable with SPC tokens.
SPC tokens will be ready for use by members and users of TechSpecs immediately after the ICO sale concludes, as follows:
Tokens are stored in TechSpecs blockchain wallets for SPC.
Users can sell and resell tokens amongst themselves using the “Send” and “Receive” TechSpecs wallet digital signatures.
Users can make payments for TechSpecs search engine advertisement with SPC.
Users can pay for or renew TechSpecs premium membership with TechSpecs tokens.
5.Users can pay for or renew a subscription or premium subscription for TechSpecs services.
Token can be resold to software developers and marketplace providers who use TechSpecs services and API.
Price during the Token Sale
TechSpecs is creating an ecosystem that aims to become the world-leading platform for technological help, review, evaluation, and purchase of consumer electronics goods. It is underpinned by the SPECS token built on blockchain technology.
In its most basic and practical form, TechSpecs will provide a simple to use and implement solution to hitherto complex technological problems for bloggers, YouTubers, consumers, support staff, gamers, online marketplaces, advertisers, and other use cases.
Unlike the many cryptocurrencies promising to solve problems that do not exist or disrupting markets that do not need disruption, TechSpecs is solving a major pain point that affects a large number of consumer electronics users, sellers, reviewers, and support staff. There is both a B2B and B2C need for TechSpecs services. And the use of the SPC token as the unified payments solution will significantly reduce costs vis-a-vis legacy services that TechSpecs is replacing.
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